Invest a Buck to Stop a Tax Increase?

With Your Support, the NMBC is Making a Difference! Action taken by the NMBC and individual members from around the state has helped stop bad legislation in Santa Fe and support the advancement of pro-business legislation. The past few weeks have shown the value of getting facts out to the public and the power of communication between constituents and elected officials. The NMBC is an effective non-partisan, pro-business, grass roots organization with boots on the ground to bring you the information and facts you need. We have the passion, manpower and drive to keep it up but the NMBC relies on the support of New Mexicans like you to make the truth known. Can you help continue this work by giving $5 or more today?

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Good News for IRB Econ Development

NMBC Members Spoke - Legislators Listened: SB 319 County IRB Projects and Complaint Process, sponsored by Senator Leavell was heard in the Senate Judiciary Committee late last night. Many of you contacted legislators and the NMBC was in the room to stand and support this bill that expands opportunities for counties to issue Industrial Revenue Bonds (IRB).

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Should Government Silence the Voice of Business?

SB 319 County IRB Projects and Complaint Process, Senator Leavell: This bill expands opportunities for counties to issue Industrial Revenue Bonds (IRB) to help spur economic development. That’s a good thing! Current law allows for affected parties to protest, should there be an issue with direct competition. Read more about this issue here.

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Legislative Heroes Update

It was a pleasure to witness the bipartisan action of the Senate Corporations & Transportation committee on Monday afternoon. The committee is chaired by Senator Phil Griego and runs like a well-oiled machine. Legislation is introduced, the audience given an opportunity to express opinions; it is discussed by the committee and a vote is taken.

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Tax Heroes, Zeroes & Roundhouse Update

Legislative Hero says ‘NO’ to Raised Gas Tax and ‘YES’ to Saving our Perm Funds: With so many New Mexicans out of work and struggling to provide for their families, the last thing we need are increased taxes. While some legislators tried to raise taxes on gasoline, Representative Jason Harper was one of those who voted NO and stopped this effort in committee. Rep Harper said, “For the pain we’ll cause New Mexico Families…it’s not really an effective solution.”

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Heroes & Zeroes Update

Respect for the Public Heroes: The NMBC would like to thank the new Speaker of the House, Representative Don Tripp. For the first time in recent memory, the House is respecting the public’s time with hearings and floor sessions by actually following posted schedules. Rep Tripp promised the public committee meetings would start on time and they have! The House floor has been conducting a shorter session focusing on lighter business in the morning and then working hard on bills in the afternoon after committees have adjourned.

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Legislative Update & Call to Action

What’s the Problem with Higher Mandated Wages? Increased minimum wages in New Mexico are not good for our employees, for businesses or our economy. Read more HERE.

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Your Voice DOES Make a Difference!

Success at the Bernalillo County Commission: Last night, Bernalillo County Commissioners considered a resolution to Congress on a “Fee and Dividend” program concerning CO2 emissions. We are glad to report the vote was 3 – 2, AGAINST the resolution.

There was a great response to the NMBC Call to Action on this issue! Many NMBC members sent emails, made calls and some attended last night’s meeting to give Commissioners feedback. Our VOICE made the difference in stopping this resolution.

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A Tax by any other name is still a Tax!

What will Bernalillo County Commissioners do? Bernalillo County Commissioners will consider a resolution calling on Congress to impose a "Fee and Dividend" program with the goal of reducing CO2 emissions to 10 percent of 1990 levels. Albuquerque Climate Change Lobby, which is associated with a national group, Climate Change Lobby is behind this effort.

The idea behind the program taxes energy at a rate of $15 per ton of equivalent CO2 with a minimum $10 per ton increase each year. Taxes will be redistributed to taxpayers – BUT companies will have to raise rates, which means the tax will end up getting passed on to consumers.

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